[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[moocowmoo]

             (masternode.me) :

that aint rite. Consistent failure there?

[moocowmoo]

thanks for testing that Mangled.

0.1.8 released.  'status' command will work for rasp-pi users now by default.

I'll enable the rest once the rpi builds get officially supported (appear on dashpay.io/downloads/)

[Furio]

Nice! Meanwhile DASH price still holding in above 0.01 BTC https://www.coingecko.com/en/price_charts/dash/btc

What is with the recent price fall, anyone have a reason for it? Liked the stability, but lately not so much

[moocowmoo]

What is with the recent price fall, anyone have a reason for it? Liked the stability, but lately not so much

Perhaps the only true things to say about the markets:

Price doing down: More selling than buying.
Price doing up:     More buying than selling.

Everything else is total guesswork.

--

Dash is innovating.
Dash is delivering.
Dash is evolving.

Once more people start paying attention, moon.

In the meantime, accumulate.

[wildduck]

One thing i don`t understand dash is evolving every day, constantly being developed but the price is ...

[kludzins]

One thing i don`t understand dash is evolving every day, constantly being developed but the price is ...

[kointrend]

  3100 Masternodes 

[toknormal]

One thing i don`t understand dash is evolving every day, constantly being developed but the price is ...

The market isn't interested in development for development's sake. It has to "matter" to the extent that it strategically and significantly revises the asset's commercial positioning within the sector.

The only time Dash was significantly revalued was a) when it arrived on the scene as a new 'privacy coin' and b) when it introduced instant confirmations. These were fundamental evolutions - characteristics that were almost unique in the marketplace and which carved out a whole new sector. All the same, the valuations were still speculative (i.e. based on potential future roles of the asset) and not real (based on its current actual role).

Since then, most of the development work has been in consolidating those positions and turning a "speculative product" into something that can actually do the job for real. That takes a huge amount of effort which goes largely unnoticed by markets other than a steady drift-down of price as profit taking (or loss mitigation) grinds on.

Eventually, if all the ongoing development is seen to "count" towards some real strategic repositioning, it will likeways get "priced in" but that only happens every 6-12 months at best.

That's one aspect towards "understanding" the price movements. The other is looking at the fortunes of the cryptocurrency sector as a whole. The year in which Bitcoin probably had its greatest successes of all in terms of adoption, investment of new venture capital, mainstream promotion and eco-system development, saw its price fall by 80%. Work that one out.

What it shows is that simple profit taking after a speculative rise dominates everything else that goes on in terms of "fundamentals". Alt-coins are subject to this trend as well but in addition, they suffer from investment leaving the entire sector. (Conversely, they may be expected to benefit from new investment arriving).

[Sub-Ether]

I'am not sure what's your definition of being late on the Cryptoo currency world but for what comes to mine then it's being late for being able to mine using your PC

You can still GPU mine Dash for profit depending on your electricity rate, the highest payouts I know are with www.dashminer.com that pays 0.2 Dash a day per R9 290.

[tungfa]

Official Newcomer Introductory Video Release

One of our main objectives going forward is sharing the good work we are doing in Dash with the public. Part of our vision is to cultivate adoption of this ecosystem through education, promotion and engagement of potential users on the benefits of cryptocurrencies and the functionality our solutions enable. This is very important for the future of the Dash project.

More info: https://dashtalk.org/threads/official-newcomer-introductory-video-release.6142/#post-67122

https://www.youtube.com/watch?v=0GACaNvBlwc

remember remember

[r4vani]

Official Newcomer Introductory Video Release

One of our main objectives going forward is sharing the good work we are doing in Dash with the public. Part of our vision is to cultivate adoption of this ecosystem through education, promotion and engagement of potential users on the benefits of cryptocurrencies and the functionality our solutions enable. This is very important for the future of the Dash project.

More info: https://dashtalk.org/threads/official-newcomer-introductory-video-release.6142/#post-67122

https://www.youtube.com/watch?v=0GACaNvBlwc

remember remember

Was excellent

I think we should spend 90% of the budget so that the whole world got to see this video.

If we made the best things we did, but no one has no knowledge of it. Is useless.

[numisma]

Hello,

can anyone point me to the easiest guide to run a masternode?

Thanks!

[110110101]

Hello,

can anyone point me to the easiest guide to run a masternode?

Thanks!

https://dashtalk.org/threads/taos-masternode-setup-guide-for-dummies.2680/

edit: updated link

[numisma]

Hello,

can anyone point me to the easiest guide to run a masternode?

Thanks!

https://dashtalk.org/threads/taos-masternode-setup-guide-for-dummies.2680/

edit: updated link

Thanks a lot, a new MN is on the way! 

[110110101]

Hello,

can anyone point me to the easiest guide to run a masternode?

Thanks!

https://dashtalk.org/threads/taos-masternode-setup-guide-for-dummies.2680/

edit: updated link

Thanks a lot, a new MN is on the way! 

nice.
Available supply                5,787,285 Dash
Dash in masternodes       - 3,097,000 Dash
Available real supply       = 2,690,285 Dash

Interesting that the liquidity for available DASH is about 46% and that more than 53% is stashed away in networking infrastructure If this continues than it should create an increase in buying pressure for DASH, lifting the prices up.

Sounds great numisma, post any questions if you have a problem!

[toknormal]

Available supply                5,787,285 Dash
Dash in masternodes       - 3,097,000 Dash
Available real supply       = 2,690,285 Dash

Just one point about that which I think is important to note and bear in mind.

The "Dash in masternodes" is always "Available real supply". Contrary to what gets posted in discussions using loose terminology, masternode supply is in no way "locked up", nor does it detract from the potential liquidity of the coin supply. Masternode collateral sits at an address - like any other address - and can be moved all over the place with a regular wallet - including onto exchanges (albeit, at the expense of suspending your masternode revenue of course).

The correct context to see it as "locked up" is in the sense that it is earning a return for the holder and the holder is therefore less likely to trade it than they would be if it was earning no return (all other things being equal).

I only bring this up because we now have a starkly contrasting type of model in the form of bitcoin's sidechains. In this model, coins are indeed locked up and cannot be moved or traded, other than as a completely distinct identity which therefore (by definition) impacts adversely on bitcoin's fungibility. It also impacts adversely on the crypto-economy's ability to insulate one economic sector from volatility in another.

This is another example where Dash places monetary priorities over technological ones. All of its technological solutions have carefully preserved and enhanced monetary properties rather than diminished them.

[ddink7]

Stef: Excellent points you make, as always!

The price can get very, very depressing sometimes. I'll be the first to admit that. But it all goes back to the old saying "The market can remain irrational longer than you can remain solvent." We've all heard of Paulson and some others who made vast fortunes betting against the housing market in 2008. However, most people haven't heard of those who placed their bets on a housing collapse in 2006 or 2007. A number of people *lost everything* because they bet too early. They were right...the writing was on the wall...but the irrationality lasted just long enough to bankrupt them before the market turned.

My point is this: the amount of development occurring in the Dash ecosystem is extraordinary. Evan and the core developers are working on a lot of impressive stuff, this is true, but look at all the other work in the space. There is now a wealth of "institutional" knowledge in the community, and just about any question can be answered very quickly. Things we used to have to figure out, like updating masternodes, are now automatic with moocowmoo's script. Udjin put out a great guide on how to restart dashd after crashes using crontab. The Dash core team has professional project managers, legal advisors, professionals in business, an in-house writing/PR team.

The amount of work that gets done every day on this project is staggering. It might be another year, or two, or three before we start to see the fruits of that labor repaid in terms of increasing adoption. But the point is that the work is being done now, the ecosystem is being grown. We have mobile wallets, electrum wallets, web design teams and the like. Community members have been learning what mega-merchants require in order to accept new payment methods. This foundation is being laid now, and will have excellent dividends in time.

[toknormal]

The amount of work that gets done every day on this project is staggering.

It is staggering.

.....but look at all the other work in the space. There is now a wealth of "institutional" knowledge in the community, and just about any question can be answered very quickly....The Dash core team has professional project managers, legal advisors, professionals in business, an in-house writing/PR team.

....point is that the work is being done now, the ecosystem is being grown. We have mobile wallets, electrum wallets, web design teams and the like. Community members have been learning what mega-merchants require in order to accept new payment methods. This foundation is being laid now, and will have excellent dividends in time.

You speak what I think.

[HasherMe]

I understand Dash supports concensus voting for masternodes.  Are there instructions on how to use this funtionality?

[aleix]

I understand Dash supports concensus voting for masternodes.  Are there instructions on how to use this funtionality?

https://dashtalk.org/threads/self-sustainable-decentralized-governance-by-blockchain.4708